The junior mining space is so beaten up that there are a raft of opportunities for investors looking for exposure to the energy transition.

The company has already requested a suspension of trading in its ordinary shares on the London Stock Exchange.

Copper vaulted toward a record in London and nickel spiked nearly 8%, capping a week of big moves in industrial and precious metals markets as bullish investors pile in and bearish bets unravel. 

Ganfeng Lithium will set up a spodumene plant which will start production by the end of the year.

Nickel jumped the most in a month as unrest in New Caledonia raised concerns about further disruption to supplies from the French territory.

Anglo American has turned down BHP’s bids twice since April 25, stating the offers continue to considerably undervalue the company.

The Andean nation is the world's second-largest lithium producer.

Both governments step up efforts to reduce their reliance on Chinese supplies of energy transition minerals.